SPEER, GEO. H. STATE -D-

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the LYDA (VICKSBURG LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269344District 04Field 558783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Sep 2012 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
165
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 64 leases and 64 wells, and the rule below applies to all of them.

Discovered
1994-06-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-04-24.

The Commission's schedule remark for this field reads: RESERVOIRS OF THE LYDA FIELD INTO THIS FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112013-10-07208644
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition15,358 bbl$1,264,924
GasProduction798,492 Mcf$2,812,628
Total$4,077,552

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 26.6405, -98.4911. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.64050, -98.49107 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,870 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,870 ft.

Completions filed
Sep 2012
1 of 1 wells

1 well

42-4273458798,870 ftSep 2012

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (165)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

165 months

May 202600106.413.05$0
Apr 2026381,28398.932.87$7,441
Mar 202601,34589.753.15$4,236
Feb 2026099963.503.75$3,747
Jan 2026281,08059.138.00$10,293
Dec 202501,19956.664.41$5,292
Nov 2025251,01258.593.93$5,438
Oct 2025075959.383.30$2,508
Sep 202501,03362.743.08$3,178
Aug 202501,22563.933.01$3,693
Jul 202501,24666.743.32$4,131
Jun 2025261,33266.483.13$5,896
May 202501,33860.553.23$4,325
Apr 2025181,16262.363.54$5,240
Mar 2025066767.704.27$2,847
Feb 2025070670.884.34$3,065
Jan 2025251,01874.324.28$6,214
Dec 202401,04668.993.12$3,265
Nov 202401,38169.052.20$3,036
Oct 202401,08571.372.28$2,475
Sep 202401,11869.612.36$2,643
Aug 2024201,21875.632.06$4,026
Jul 202401,34279.932.15$2,881
Jun 2024433,04778.082.63$11,383
May 2024096378.812.20$2,117
Apr 202471,12184.451.66$2,451
Mar 2024281,04380.301.55$3,860
Feb 202401,23776.091.78$2,206
Jan 20240073.023.30$0
Dec 20233359771.262.61$3,910
Nov 202301,10577.892.81$3,102
Oct 2023201,04585.443.09$4,935
Sep 202371,24589.042.74$4,028
Aug 2023331,44980.522.67$6,530
Jul 2023261,12674.852.64$4,921
Jun 2023291,20868.962.26$4,728
May 202301,26470.622.23$2,815
Apr 20232489878.122.24$3,884
Mar 2023281,08272.852.39$4,629
Feb 2023321,16875.112.47$5,283
Jan 2023361,34776.533.39$7,318
Dec 202201,11776.415.73$6,399
Nov 2022301,16285.005.65$9,111
Oct 2022291,27587.185.86$10,005
Sep 2022301,20884.888.16$12,408
Aug 2022301,26394.529.13$14,363
Jul 202201,263101.587.54$9,526
Jun 2022301,392115.097.98$14,557
May 2022311,520109.378.43$16,209
Apr 2022271,275104.226.84$11,532
Mar 2022251,393108.885.08$9,793
Feb 2022251,24791.054.86$8,335
Jan 2022161,43281.844.54$7,807
Dec 2021151,23071.323.90$5,866
Nov 202101,22777.435.24$6,426
Oct 2021131,12779.795.71$7,477
Sep 2021141,37869.865.35$8,352
Aug 2021151,43866.024.22$7,060
Jul 2021231,13370.783.98$6,140
Jun 202101,18669.493.38$4,009
May 2021141,24963.483.02$4,658
Apr 2021461,60160.362.76$7,193
Mar 2021221,58261.302.72$5,647
Feb 2021201,40857.805.55$8,968
Jan 2021331,18950.412.81$5,005
Dec 2020361,39844.642.68$5,347
Nov 202002,46338.772.71$6,666
Oct 2020331,49336.972.48$4,920
Sep 2020451,23137.091.99$4,120
Aug 20201163,17839.982.39$12,218
Jul 2020581,43638.371.83$4,846
Jun 20201111,23034.901.69$5,953
May 202001,27716.921.81$2,317
Apr 202001,36014.751.80$2,454
Mar 2020351,22230.341.86$3,330
Feb 2020592,40449.881.98$7,704
Jan 202001,61857.252.09$3,389
Dec 201901,25559.012.30$2,892
Nov 201901,33055.302.75$3,658
Oct 201901,32153.472.42$3,195
Sep 201901,23155.052.66$3,271
Aug 201901,59153.112.30$3,666
Jul 201901,64256.272.46$4,039
Jun 201901,92352.782.49$4,791
May 201901,79258.482.74$4,911
Apr 201901,63462.632.75$4,495
Mar 201901,45656.803.06$4,458
Feb 201901,39650.852.79$3,898
Jan 201901,66146.033.23$5,362
Dec 201801,54246.594.19$6,454
Nov 201801,47952.934.24$6,267
Oct 201801,14161.443.40$3,877
Sep 201801,37359.543.11$4,267
Aug 201801,78659.403.07$5,477
Jul 201801,47965.142.93$4,336
Jun 201801,25960.183.08$3,874
May 201801,72665.382.90$5,007
Apr 201801,66163.842.90$4,818
Mar 201801,65061.222.79$4,598
Feb 201801,59861.782.77$4,420
Jan 201801,77562.874.01$7,117
Dec 201701,36357.272.92$3,982
Nov 201701,41155.423.12$4,400
Oct 201701,53849.292.98$4,589
Sep 201701,71647.523.09$5,298
Aug 201701,50645.373.00$4,525
Jul 201701,91243.873.09$5,903
Jun 201701,89942.493.09$5,863
May 201702,25545.373.26$7,359
Apr 201702,62147.933.21$8,418
Mar 201701,63546.772.98$4,878
Feb 201701,54050.452.95$4,547
Jan 2017611,70549.413.42$8,843
Dec 2016391,60548.763.72$7,877
Nov 2016401,51342.492.64$5,701
Oct 20161072,75146.193.09$13,444
Sep 20161012,87241.553.10$13,102
Aug 2016972,79941.442.92$12,205
Jul 2016483,19741.622.92$11,347
Jun 2016933,18745.352.69$12,777
May 2016953,34342.521.99$10,695
Apr 2016983,48136.561.99$10,514
Mar 20161143,72333.011.79$10,442
Feb 20161073,16626.472.06$9,366
Jan 2016734,14627.352.36$11,799
Dec 2015793,54132.362.00$9,643
Nov 2015834,03938.792.17$11,973
Oct 20151083,22843.552.43$12,536
Sep 2015713,68142.992.76$13,206
Aug 2015993,84440.162.87$15,018
Jul 2015623,30348.152.95$12,713
Jun 2015574,01256.152.88$14,767
May 201504,36155.212.96$12,889
Apr 201504,49349.822.71$12,161
Mar 201504,62742.892.93$13,579
Feb 201504,45144.662.98$13,247
Jan 201505,49343.433.10$17,032
Dec 201405,59454.693.59$20,090
Nov 201403,17370.464.25$13,491
Oct 201404,04078.303.90$15,760
Sep 201484,77886.164.05$20,018
Aug 2014495,30189.394.04$25,770
Jul 20141095,21396.564.18$32,313
Jun 20141055,68698.164.74$37,241
May 20141466,31794.734.73$43,688
Apr 20141376,63995.944.81$45,072
Mar 2014835,41095.895.06$35,316
Feb 2014753,86697.406.19$31,243
Jan 20141063,40190.404.86$26,114
Dec 20131006,23691.824.35$36,337
Nov 20131265,34788.853.74$31,184
Oct 20131618,42097.423.78$47,507
Sep 20137910,101104.113.72$45,778
Aug 20131226,064104.253.52$34,080
Jul 20131198,188102.523.72$42,641
Jun 201318613,57494.403.93$70,951
May 201321418,63894.834.15$97,624
Apr 201334121,71193.964.28$125,020
Mar 201343830,24393.623.91$159,342
Feb 201348133,98791.233.42$160,114
Jan 20131,15848,10991.603.42$270,601
Dec 20121,51055,40286.773.42$320,506
Nov 20123,138113,34786.953.62$683,727
Oct 20123,228119,90589.383.40$696,157
Sep 20120094.672.92$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate            38 bbl  × $ 98.93 =     $3,759
Gas                1,283 Mcf  × $  2.87 =     $3,682

────────────────────────────────────────────────────
Month total                                   $7,441

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/269344 is the state's own key, not one this site invented.